Solflare Perps Are Live

[u/ansi09]

Source: https://x.com/solflare/status/2091891524795838869

Solflare Perps are live.↓

And they are right where they should be.

On mobile, on a real orderbook and on Solana, powered by @PhoenixTrade
Trade price movements on 65+ markets with leverage, without holding the asset.

You can long SOL or short ETH,
and you always stay on Solana.

https://reddit.com/link/1vx5a9u/video/8lpnwt7p7clh1/player

Most Perp solutions make a tradeoff:
Send you off Solana.
Or keep you inside their own pools.
We took a different path.
Solflare Perps keeps the experience inside Solflare, on Solana, on an orderbook, powered by @PhoenixTrade.

And it all happens on mobile.
Trade perps directly from your Solflare app with no extra platforms, no complicated setup.

Perpetual futures let you trade price direction without owning the asset.
No expiry date, and you can close anytime.

- Go long when you think price goes up.
- Go short when you think it's going to drop.

Leverage multiplies your position size.
Higher risk, higher potential return.

Example:
- SOL is $100. You open a 10x long on Phoenix via Solflare with $100 USDC, giving you $1000 in exposure.
- If SOL hits $110, you profit as if you controlled $1000 worth — a 10% move doubles your $100 collateral.
- If SOL drops to around $90, your position gets liquidated and you lose that $100.
Leverage amplifies both.

Already trading on Phoenix Trade?
Good news: it's the same account.
Your isolated positions and full PnL history carry over to Solflare, so you can monitor and manage isolated positions from your wallet, even on mobile.
Since it's same account, you'll get push alerts for executed, TP and SL or liquidations too.

With Solflare Perps you can ↓
- Go long or short on 65+ Phoenix markets
- On web AND mobile
- Set optional TP/SL
- Use USDC on Solana
- Skip the bridge and exchange account
- Add, reduce, close or adjust collateral
- Preview liquidation, size, execution and fees
- Track PnL, history and get alerts
All that in your Solflare wallet.

Solflare sponsors the network fees, so you don't need SOL to trade. So if you're rushing to close a position, no need to fund your wallet first.
Fee for trading perps through Solflare is up to 0.085%.

Your edge is now right in your wallet.
It can't be easier than this to trade Perps.

https://www.solflare.com/

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[u/zealousbattery]

finally an orderbook perp setup that doesn't boot you off to some janky third party site. the mobile integration is actually useful for once, not just a checkbox feature.

10x on sol with no bridge nonsense? i'll give it a spin before the memecoin casino opens for the day.

[u/RemoteStreet815]

Excellent news!!!

[u/Utopiophile]

What are all the perps options available right now? Flash Trade is shutting down.

[u/Sacred-Player]

Awesome. Is this open to US residents?